top of page

Vladimir Putin’s money machine is sputtering

Vladimir Putin’s money machine is sputtering
Published date:
Source:
BB Finews
8/9/25, 6:46 AM

FROM KALININGRAD to Vladivostok, something has changed. A high-frequency index produced by Goldman Sachs, a bank, suggests that, since the end of last year, Russia’s annualised GDP growth has fallen from around 5% to about zero (see chart). VEB, the Russian development bank, finds similar trends in its estimate of monthly growth. A measure of business turnover compiled by Sberbank, Russia’s largest lender, has dipped. Although more circumspect, the government acknowledges that something is up. In early April the central bank noted that recently “a number of sectors recorded lower output because of plummeting…demand”.

Financial News

Gemini receives MiCA license in Malta after May derivatives approval

BB Finews

Bitcoin prices dip after ATH, but BTC’s rally isn’t over! – Here’s why

BB Finews

US Treasury weighs digital ID verification in DeFi to tackle illicit finance

BB Finews

TRON – Why THIS metric says TRX could hit $0.4 next

BB Finews

Bitcoin: Hovering in the Stratosphere

BB Finews

David Bailey’s KindlyMD kicks off Bitcoin treasury with massive $679M buy

BB Finews

SoFi to become first US bank to integrate Bitcoin Lightning, UMA

BB Finews

Winklevoss’ Gemini files for Nasdaq listing after strong Bullish debut

BB Finews

7 companies rush to launch XRP ETFs: Analyst hails ‘good sign’

BB Finews
  • Page 25

Disclaimer:

This article is an original work by BBFinews, with copyright owned by Jinse Finance. Unauthorized reproduction is prohibited. Authorized media must indicate: “Source: BBFinews” when using this content. Violators will be held legally accountable.

 

Risk Warning:

Investment involves risks. Please exercise caution when entering the market. This content does not constitute investment or financial advice.

bottom of page